Xero and the benefits of cloud accounting - Part 2

Hopefully you have been introduced to the benefits of Xero in Part 1 of our article, but here are another 5 valuable features to explain why Xero is our favourite accounting software. Bear in mind, that if you run your own business then you cannot get around the fact you will need to do some element of bookkeeping. Cloud accounting has become extremely popular in the last few years, and with the imminent changes with HMRC’s Making Tax Digital, I can only see cloud accounting becoming an essential tool for all business owners. At CHA, we have worked with a number of cloud accounting packages and by far the stand out one in my opinion is Xero. It is aimed at business owners, but has all of the functionality that accountants and bookkeepers also need. With its ease of use and excellent functionality, it is not hard to see why Xero currently has over 1 million subscribers. Xero is innovative and is always improving its product, leaving the competition in the shadows.

Xero and the benefits of cloud accounting - Part 2

With Xero’s unlimited user policy multiple staff members can have access at the same time.  Tiered access means that any sensitive data is secure at all times.

Invoices can be raised in minutes then emailed directly to your customer at a click of a button.  You can also add payment services such as Go Cardless, Stripe and Paypal which will make it even easier for your customer to pay your invoice.

Xero also has a payment reminder service, which will automatically email your customer at pre-determined times to chase payment of your unpaid/overdue invoices for you.  One less thing for you to do!

There is an eco system of over 500 other applications available to integrate with Xero.  From CRM and Point of Sale to Inventory management, time tracking and many, many more - it is a great way to automate and centralise the running of your business.

There is an expense claim facility for your employees – your team can upload their receipts via the app or browser log in for you to authorise and re-pay.

When you combine the benefits of Xero from Part 1 with these, you can see why it’s so popular. Here at CHA, we are able to offer free 30-day trials for anyone who’d like to see more, with no obligation if it is not for you, just get in touch and we’ll do the rest!  We can also convert your existing Sage and Quickbook records to Xero.  

You’re never left high and dry if you have a problem as Xero’s technical support is amazing and they deliver a first-class customer experience.

5 July, 2017

Cheryl Price If you have any questions about this article or would like to discuss the subject further please contact:
Cheryl Price of CH Accountancy & Bookkeeping Ltd at hello@chaccountancy.co.uk.

Category: Accounting
Article Area: Starting a Business

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